Restructuring of BBNFP

Berkeley Berry Birch PLC
19 December 2005


Restructuring of Berry Birch and Noble Financial Planning

The Board of Berkeley Berry Birch plc ('BBB' or the 'Company') has today
announced that it intends to combine the activities of its two national
independent financial advisory businesses, Berry Birch and Noble Financial
Planning Limited, ('BBNFP') and Berry Birch and Noble Financial Planning
(Weston) Limited, ('Weston').

BBB has been trading at a loss during the last 18 months which has contributed
to regulatory capital shortfalls in BBNFP, Weston, and Berkeley Independent
Advisers Limited ('BIA'). This loss has largely been a result of the FSA
investigations, and poor performance in some of these businesses.

The Board has reviewed the activities of BBNFP and Weston, and is taking action
now to deal with these issues. After discussions with the FSA, the Board has
decided that, to reduce our regulatory capital requirements in the future and to
improve performance, the business of BBNFP will be combined with Weston.

The combined business will join BIA, the Group's existing financial services
network, early next year once the Company's planned fundraising is completed.
These changes will swiftly build a more compliant, and customer focused IFA
business.

The Board has decided that this combined business will be based on a national
self-employed IFA model, like our most successful competitors. In past years,
Weston has shown that this approach can be profitable. Performance in BBNFP,
where advisers are employed by the business, has been particularly disappointing
and it has not been possible to make the business profitable.

The Group's other companies, BIA, Berkeley Birch and Noble Insurance Brokers
Limited ('BBNIB'), Berkeley Birch and Noble Estate Planning Limited ('BBNEP'),,
Group Support Services Limited ('GSS') and MacRobins Limited are not affected by
this restructuring.

Enquiries:

BBB plc
Jonathan Hall - 02476 232010

Arden Partners
Andrew Raca, Director, Corporate Finance - 0121 423 8941





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